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Article Date: March 2017
Word Count: 456

Sportsman’s Warehouse Net Dips in Q4


Net income was off 7% to $10,540,000 from $11,390,000 for the 13 weeks ended Jan. 28 as sales rose 6% to $221,376,000 from $208,548,000 on a 5.2% comp store decline that was partially blamed on tough comparisons against the San Bernardino shooting. The post-election decline in shooting sports accounted for 4.2% of the comp decline. It had a positive 0.4% comp in apparel and a positive 1.8% comp in footwear, two categories which represent 15% of sales suggesting that its camping business was also soft.

 

SPWH was conservative about 2017 in its thoughts about existing stores, but remains bullish enough about ... Log in to view full article.

 


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